The Accounts Receivable Account for Johnny's Mechanic Shop Had a Beginning

question 22

Multiple Choice

The Accounts Receivable account for Johnny's Mechanic Shop had a beginning balance of $32,000.During the month,Johnny made sales on account of $42,000.The ending balance in the Accounts Receivable account is $30,000.What are cash collections for the month?

• A)$32,000
• B)$42,000
• C)$44,000
• D)$74,000

---

Definitions:

Peripheral Route Persuasion

A method of persuasion that relies on cues outside of the message content, such as the attractiveness or credibility of the source.

Social Loafing

The tendency for people in a group to exert less effort when pooling their efforts toward attaining a common goal than when individually accountable.

Conformity

Adjusting one’s behavior or thinking to coincide with a group standard.

Informational Social Influence

Influence resulting from one’s willingness to accept others’ opinions about reality.